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Fed’s Evans Want More Easing

Federal Reserve Bank of Chicago President Charles Evans said that policy makers must not be passive when it comes to the high unemployment rate in the United States. He fired back at the critics of the Fed’s de...
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S&P Drops for 5 Straight Days

Stocks closed lower due to light trading Wednesday as the S&P 500 posted its fifth straight decline. Investors were still concerned about the financial crisis in the euro zone. The Dow Jones Industrial Aver...

Sears (SHLD) to Close Over 100 Locations

Apparently, it wasn't such a white Christmas for Sears (SHLD), as they announced last week that they will be closing more than 100 stores across the country in the next year, including Kmart locations due t...